Home Back Issues February 2007 Bankruptcies remain scarce

Bankruptcies remain scarce

| Print |  Email
Archives - February 2007
Thursday, February 01, 2007

After a dramatic rise before (and fall after) the introduction of stricter federal bankruptcy laws in late 2005, Oregon filings have steadied out at a greatly reduced rate: In 2006, the average number of business and personal filings per month were 21 and 548, respectively, compared to 93 and 2,587 per month in 2005. As shown in the table, Oregon had 228 residents per bankruptcy filing for the year ended September 2006. The rate of filings per population was lower nationwide as well as in Idaho, Washington and California. In the late ‘90s and early 2000s, Oregon suffered a disproportionate share of U.S. business bankruptcies, nearing 8% of them in fiscal year 1999, but its share has trended down to 2.3% in fiscal year 2006, much closer to the 1.2% share of the U.S. population residing in the state.
0207Indicators1.gif0207Indicators2.gif 0207Indicators3.gif
Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

The Alchemist

September 2014
Tuesday, August 26, 2014
BY LINDA BAKER

David Howitt explains why Portland consumer brands like Stumptown and Voodoo Doughnuts are taking the world by storm.


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

Gone Fishing

October 2014
Thursday, September 25, 2014
BY LORI TOBIAS

Business has been good to Laura Anderson, leading some to suggest she must be awfully lucky to find such success in a business notorious for failure. But luck’s had little to do with it.


Read more...

Two Sides of the Coin

Contributed Blogs
Friday, September 26, 2014
0926 iphone6-thumbBY JASON NORRIS | GUEST BLOGGER

This post focuses on the recent release of the new Apple iPhone as well as Alibaba's IPO, the largest U.S. IPO in history.


Read more...

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

Portland rises

News
Monday, August 18, 2014

IMG 2551Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS